ISDS Case Map
geopolitics
China's restrictive practices present fundamental problems for its application to join a major pan-Pacific free trade pact, and if it joins before Taiwan there is a risk it could block their application.
CPTPP members will have a robust discussion on China’s application. It’s hard to argue that Beijing’s trade regime will be in line anytime soon with CPTPP disciplines on state-owned enterprises, labor, digital trade, and intellectual property protection, among other concerns.
The European Parliament’s Foreign Affairs Committee adopted a report that urged the EU to begin work on a bilateral investment agreement with Taiwan.
In a drastically changed geopolitical scenario, developments in the Indo-Pacific, have brought Australia and India closer together as Comprehensive Strategic Partners.
European investors are likely to look beyond China following the suspension of an investment agreement. Strong diplomatic relations and trade ties with Vietnam mean that the Southeast Asian country is tipped to profit.
The Biden administration continues to build on the Trump team’s unprecedented efforts to deepen US relations with Taiwan.
US trade experts are watching warily as the world’s biggest free trade pact advances slowly toward ratification and brings some of America’s closest Asian allies into an economic bloc that includes China but leaves the United States on the sidelines.
The ongoing US-China tensions can be a potential wildcard to the mass ratification and adoption of the Regional Comprehensive Economic Partnership (RCEP) by its country member signatories.
The conclusion of a bilateral preferential trade agreement between Ukraine and the United States can become an effective tool of geoeconomics, providing increased global competition in trade.
Japan’s parliament approved joining the RCEP to aim for it to come into effect from the start of next year. The approval by Japan’s upper house comes after China called for the deal to be ratified to shore up the economy in the Asia-Pacific.
